Agat Enterprise Ltd

Agat Enterprise Transport Services Ltd, based in St. Ives, UK, is a small, active company founded two years ago. It’s a solo-founded operation with one director and owner, and holds a real registered address. The company is classified as a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s an irregular importer of paper and paperboard products, with just one month of import activity recorded as of June 2023.

The company’s website paints a picture of a transport service focused on providing comprehensive solutions. It offers staff bussing, vehicle rental, short transfers, and special event rentals, catering to both corporate and individual clients. The site emphasizes a “passion for excellence,” highlighting experienced staff, safety first, reasonable rates, and a commitment to customer service. It even has a separate section detailing its history, revealing it’s a Private Limited Liability Company incorporated in Ghana in 1999, authorized to conduct general transport services. It seems they’ve expanded their operations internationally.

Financially, Agat Enterprise Transport Services Ltd is showing some concerning trends. Cash bank on hand remains stagnant at -£14,000, and net assets and liabilities are also at -£14,000. Equity is also at -£14,000. While these figures don't necessarily indicate immediate failure, the negative balances suggest the company is operating at a loss and relying on borrowed funds. Trade debtors are not reported, but creditors are not reported either. The lack of employees (zero reported) indicates a lean operation, but it also means the company is likely heavily reliant on the director's efforts. With no auditor mentioned, the unaudited accounts rely on director-reported data.

Overall, Agat Enterprise Transport Services Ltd is navigating a challenging financial landscape. While its transport services appear well-structured and customer-focused, the negative equity and stagnant cash reserves raise questions about its long-term sustainability. It's a small company, so agility is an advantage, but addressing these financial pressures will be crucial for its future.

Registered in England/Wales under the registration number 14580508, with a registered address at PE27 5JN, England, St. Ives, 12 Needingworth Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.